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What is an economic analysis?
economic analysis is a analysis of current economic and financial status ,if iam going to make one project that will contribute on the welfare of our nation means economic analysis will help us to select and design the project for example government use eonomic analysis for detrminig the finantial status of our nation
What risk is involved in having economic freedom?
Basically, a risk in economic freedom is having to face and accept the concequenses of their decisions. For example, if an entrepreneur starts a business that fails, the government usually won't help out.
Role of managerial economic in decision making?
The role of managerial economics in decision making is to help in the analysis of economic trends which will be used in making critical decision. This will focus on past, present and future economic patterns.
What is economic feasibility How do you know if a project is economically feasible?
Economic feasibility is the analysis of a project's benefits and costs. The purpose is to help management decide whether or not they should continue. If the future benefits outweigh the estimated cost of developing or acquiring the new system then it is economically feasible.
How were decisions made in tyranny?
help
What is an economic analysis?
economic analysis is a analysis of current economic and financial status ,if iam going to make one project that will contribute on the welfare of our nation means economic analysis will help us to select and design the project for example government use eonomic analysis for detrminig the finantial status of our nation
What utilizes qualitative and quantitative analysis procedures to help marketing managers make more informed decisions?
utilizes qualitative and quantitative analysis procedures to help marketing managers make more informed decisions.
What are the major purposeof input output analysis?
Input-output analysis is a method used to study the interdependencies between different sectors of the economy. Its major purposes include understanding how changes in one sector affect others, identifying key sectors for economic development, and assessing the overall economic impact of policy changes or external shocks. This analysis can help governments and businesses make informed decisions to promote economic growth and stability.
How do countries make decisions about economic resources?
they have a governer to help make dicisions
What is the benefit of correlation and regression analysis in business decisions?
The benefit of using correlation and regression analysis in business decisions is that it allows you to weigh outcomes. This can help managers see if they should continue with their current model or make changes to it.
How did cost-benefit analysis help traders make decisions about business?
Cost-benefit analysis helped traders make decisions about business by letting them decide if things were at too high of a cost to trade. Cost-benefit analysis helped traders make decisions about business by letting them decide if things were at too high of a cost to trade. Cost-benefit analysis helped traders make decisions about business by letting them decide if things were at too high of a cost to trade. Cost-benefit analysis helped traders make decisions about business by letting them decide if things were at too high of a cost to trade.
How does Break Even Analysis help in business decisions?
i asked u a question n ur asking me for a answer. oh mi god
How does the Congressional Budget Office help members of Congress?
The Congressional Budget Office helps members of Congress by providing nonpartisan analysis of budgetary and economic issues, such as the cost of proposed legislation and its potential impact on the economy. This analysis helps lawmakers make informed decisions about policy and budgetary matters.
How do we use economic to study culture?
Economics can be used to study culture by examining how economic factors such as consumption patterns, income levels, and resource allocation influence cultural norms, values, and behaviors. Economic analysis can help understand how culture impacts economic decisions and outcomes, and vice versa, contributing to a more holistic understanding of societal dynamics. By studying the intersection of economics and culture, researchers can gain insights into the ways in which economic and cultural factors interact and shape each other.
What risk is involved in having economic freedom?
Basically, a risk in economic freedom is having to face and accept the concequenses of their decisions. For example, if an entrepreneur starts a business that fails, the government usually won't help out.
Role of managerial economic in decision making?
The role of managerial economics in decision making is to help in the analysis of economic trends which will be used in making critical decision. This will focus on past, present and future economic patterns.
What role does financial accounting play in decision making?
Accounting has been defined as the process of identifying, measuring, recording and communicating economic information to permit informed judgments and economic decisions. The primary purpose of accounting is to help persons make economic decisions. In our society resources must be allocated among and within all kinds of entities. Accounting information provides the basis for making decisions about resource allocation.Accounting information is financial information about economic activities. All economic entities (e.g. businesses, government agencies, families, charitable entities) need such information because it is used for making economic decisions about those entities.11 Hoggett, J.R., Edwards, L., & Medlin, J., Accounting in Australia, Fifth Edition, Chapter 1.
